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Apologies if this is not the best community for this, but a thought crossed my mind and I figured this must exist somewhere.
Basically, we are told that putting solar on our roof would save us money over utilizing the grid. By that logic it seems like I should be able to put money into some sort of solar investment where i contribute to a solar generator and get monthly payouts. Similar to what LendingClub used to be.
I know you can invest into solar stock but that is just growth, vs routine returns.
Basically if Solar would be cheaper, I should be able to go to my electric company and say "Instead of me paying $X to put these on my roof why don't I give you $Y, where Y is a little less than X (because of economies of scale) and then they eliminate (or almost eliminate) my bill? Seems mutually beneficial.
Maybe the issue is the returns would be so much lower than general investing that's why we don't bother.
submitted by /u/multicm
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Continue reading...
Basically, we are told that putting solar on our roof would save us money over utilizing the grid. By that logic it seems like I should be able to put money into some sort of solar investment where i contribute to a solar generator and get monthly payouts. Similar to what LendingClub used to be.
I know you can invest into solar stock but that is just growth, vs routine returns.
Basically if Solar would be cheaper, I should be able to go to my electric company and say "Instead of me paying $X to put these on my roof why don't I give you $Y, where Y is a little less than X (because of economies of scale) and then they eliminate (or almost eliminate) my bill? Seems mutually beneficial.
Maybe the issue is the returns would be so much lower than general investing that's why we don't bother.
submitted by /u/multicm
[link] [comments]
Continue reading...
